Archive

_2015-07-30
Lottery sales in Mainland China rose by 5.2 percent to RMB187.6 billion ($30.7 billion) in the first six months of the year, state-news agency Xinhua

_2015-07-30
The average hotel occupancy rate in June dropped notably by 10.6 percentage points year-on-year to 73.9 percent, according to data from the Statistics

_2015-07-30
Sands China revealed a new procurement program for local enterprises, in which the operator will invite suppliers to partner up for a range of product

_2015-07-30
As VIP revenue from China’s high rollers continues to slump, Malaysia’s Genting Group is seeking to carve a niche for itself by targeting the more profitable premium mass segment across its Asian properties.The conglomerate has aggressively embarked...

_2015-07-30
There have been several recent changes to its gambling legislation in Australia that may have wide implications in both the online and land-based sphere, including the first case brought under the anti-money laundering laws by AUSTRAC.On 22 July 2015,...

_2015-07-29
Wynn Resorts’ net revenues for 15Q2 dropped to $1 billion from $1.4 billion in the same period the year before due to the company’s flagging Macau

_2015-07-29
Toronto-listed Amaya Inc has announced that it will refinance certain terms of its debt incurred in last year’s acquisition of Rational Group (Poker

_2015-07-29
A man from mainland China attacked another mainlander with a butcher’s knife in a dispute over money at the Kam Pek Paradise Casino in Macau, accord

_2015-07-29
  Wynn Macau’s 15Q2 results were largely below analysts’ forecasts as the operator saw a steep drop of 44 percent year-on-year in earnings before

_2015-07-29
The Macau Hollywood Roosevelt Hotel will not feature a gambling area on the premises, its owners said, and will instead focus on hospitality, The Maca

_2015-07-29
RAM Ratings has reaffirmed the corporate credit ratings of Genting Malaysia Berhad at AAA and Stable, as well as the AAA and Stable rating of its prop

_2015-07-29
Crown Resorts Ltd announced it has appointed Robert Rankin as a director of Crown Resorts Ltd. “The appointment of Robert Rankin as a director of Cr

_2015-07-29
Genting Hong Kong said it has sold a stake in a South Korean casino venture to partner Landing International to better focus on its cruise line busine

_2015-07-28
The Philippine Amusement and Gaming Corp. is still considering a request from Japan’s Universal Entertainment to extend the deadline for completion

_2015-07-28
Malaysia’ s RGB International Bhd has suspended plans to enter the gaming sector in Timor-Leste (East Timor) due to delays in license allocation, th

_2015-07-28
Malaysia has blocked access to 301 illegal gambling websites during the first six months of the year. Deputy Communication and Multimedia Minister Dat

_2015-07-28
New York activist investor Jason Ader has suggested that GVC Holdings Plc will need to increase its 122.5p ($1.91) per share offer in order to succeed

_2015-07-28
Global Cash Access Holdings, which provides casino cash solutions, reported a year-on-year revenue increase of 42 percent in 15Q2 to $206.4 million. G

_2015-07-28
Scientific Games said it has appointed David W. Smail as executive vice president and chief legal officer, effective August 3, 2015.  Smail will be b

_2015-07-28
Las Vegas Strip revenues were down 16 percent year on year in June to  $446 million, results that are “moderately disappointing,” said Wells Farg

_2015-07-22
Macau’s retail malls, dominated by the luxury brands favored by high rolling mainland Chinese, are turning to more affordable High Street names as VIP revenue falls, but the shift is unlikely to have a major impact on operators’ profits, analysts...

_2015-07-22
The most powerful voices in Japan’s political world, who have been championing the so-called Casino Bill, have suffered reverses that seem to have dimmed the prospects for passage of the legislation. Prime Minister Shinzo Abe has lost political capital...

_2015-07-16
Macau’s casino operators, who have put up a united front in opposing a proposed blanket ban on smoking, may have won a battle with signs the government is softening its stance, but have not yet won the war.After appearing firm in its resolve to make...

_2015-07-15
When Hong Kong-listed Imperial Pacific announced it was doubling the size of its planned casino development on the South Pacific island of Saipan to $7 billion some analysts began scratching their heads.Local business leaders argue that the new complex, with...

_2015-07-09
Las Vegas Sands’ Chief Executive Officer, Sheldon Adelson, has offered to spend up to US$6.0 billion on a 450-room entertainment and casino complex in central Bangkok, but local support is far from certain, even though some senior figures have thrown...

_2015-07-08
Beijing's Hanhong Private Equity Management is taking bets on Kazakhstan's central Asian location and fast-growing economy to lure tourists to a multi-billion dollar casino resort and eco-city project in Tengri, near Almaty. The 1st stage of the resort...